SBA lender record

Luminate Bank

2523 South Wayzata Boulevard, Minneapolis, MN, 55405. The complete public SBA 7(a) lending record (FY2020–23) — every business Luminate Bank financed, every failed deal, the branches, and the FDIC profile.

$91.7M

Total SBA financing

118

Loans on record

103

Businesses financed

0.8%

Failure rate (FY20–23)

● branch locations (FDIC)

FDIC profile

Total assets: $517.3M
Deposits: $421.0M
Loans outstanding: $414.1M
Net income: $4.0M
Return on assets: 3.1116660248855488%
Return on equity: 31.84%
Total equity: $51.7M
Offices: 2
Founded: 03/0
Headquarters: 2523 South Wayzata Boulevard, Minneapolis, MN, 55405
FDIC cert: 16635
Website: luminate.bank

FDIC call-report data, quarter ending 03/2026.

2 branches

Luminate BankMain office2523 South Wayzata Boulevard, Minneapolis, MN, 55405· since 1937
Claremont Branch208 W Front St, Claremont, MN, 55924· since 2000

Failed deals

1 of Luminate Bank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

DLU, LLCKent, OH · $702K · FY2022$770K lost

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Businesses Luminate Bank financed

103 businesses on record — the 60 largest by funding. Each links to its full SBA record.

Most active in: MN (23), TX (17), CA (15), FL (6), CO (5), GA (5).

Agent summary

This page summarizes Luminate Bank's public SBA 7(a) lending record (FY2020–23) — every business it financed, failed deals, branches, and FDIC profile — built by CapBench SBA Intelligence. CapBench is not a lender.

118 SBA 7(a) loans totaling $91.7M
103 businesses financed
0.8% failure rate (FY20–23)
FDIC total assets $517.3M
2 FDIC branch locations

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/luminate-bank
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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CapBench listing built from public SBA 7(a) lending records and FDIC BankFind. Not affiliated with Luminate Bank.